Zip Code

55412

City

Minneapolis, MN

Population & Migration

What is the forecasted population for Zip code 55412 Minneapolis, MN?

Population census 2020
24,402
Forecasted population 2025
27,276
11.8% vs. 2020
Forecasted population 2030
29,538
21% vs. 2020

Zip code 55412 Minneapolis, MN population is forecasted to grow 11.8% by 2025 (7.1 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 27,276 people for 2025 zip code 55412 Minneapolis, MN will generate a good demand for housing, which is expected to have a deficit of 1,213 houses for 2030. Vacancy rate is 4.9 points below national US average.

Total homes available 2020
9,116
Estimated total home demand in 2030
10,329
Total homes balance inventory
1,213

Average Household Income in zip code 55412 Minneapolis, MN
from Internal Revenue Service

Average household income in 2021
$73,113

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 55412 Minneapolis, MN?

County total number of drinking water violations

41

-80%

200

County total number of drinking water contaminations

6

-71%

21

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